Coinbase’s BASE hits $2B TVL milestone; The memes market is booming – is it time to invest in FLOKI and $MEDA?
BASE increased due to increased demand. FLOKI experiences impressive growth and is poised for added value. Milei Moneda ($MEDA) is gaining investors' attention due to its unique features and growth.
As Coinbase's BASE achieves an impressive $2 billion TVL milestone, the meme market continues to grow in popularity, presenting exciting opportunities for investors. Meme coins like FLOKI and Milei Moneda ($MEDA) have stood out as promising investments among the many stock meme coins, with their unique branding and creative approach.
Let's explore the potential of these meme-inspired tokens and why some analysts say they might be the best altcoins to buy right now.
Coinbase's BASE has reached a milestone of $2 billion TVL
Base, Coinbase's decentralized Layer-2 blockchain initiative that aims to reduce Ethereum's transaction fees, is seeing significant interest with challenging giant network initiatives like Solana. As a result, BASE posted a weekly gain of 19.62%. As a result, its TVL has increased significantly, reaching the $2 billion mark this week.
BASE's success is largely due to its parent company, Coinbase, which is currently the largest publicly traded US crypto exchange and custodian for 90% of US space Bitcoin ETFs. Another significant factor driving the increase in BASE activity is Denkun's upgrade work, which aims to reduce transaction fees on the many Layer 2 networks built on the Ethereum Blockchain.
While BASE does not currently have a native token, the excitement about the new protocols launched on BASE and the potential for an ecosystem climate or two provides a promising opportunity for users and investors alike.
FLOKI navigates market volatility with known resilience
FLOKI's price is riding on the current meme coin mania this year and has seen an impressive 1,032% price increase, which peaked on March 11th, which is only 8% below the November 2021 ATH. This is the highest in two years.
However, FLOKI has made the necessary price test and is currently trading 30% below its March high. Regardless, it seems poised for another round of significant gains, rejecting lower prices, holding strong support levels and possibly even surpassing the 2021 high.
FLOKI's positive move is further supported by an 8% increase in trading volume in the last two days. In addition, the FLOKI platform's active token burning strategy shows its commitment to reducing supply by removing more than $404,800 worth of FLOKI tokens last week alone, which could increase its price.
Is it time to invest in Milli Moneda?
With the note market experiencing an unprecedented surge, many investors believe that now may be a good time to dive into the cryptocurrencies ($MDA). This innovative meme coin successfully combines politics, humor and blockchain technology to bring a new and different idea to the market.
Miley Moneda has attracted the attention of investors due to its unique features, including a depreciating token structure, no tax or group tokens, an impressive collection of NFTs, NFT rewards and voting rights. These amazing features are the reason why some analysts believe that $MEDA could be one of the best cryptos to buy for 2024.
Excitement surrounding the Miley Moneda (MDA) public presale continues to grow, especially with the project's target launch price of $0.020 on the popular Uniswap platform coming May 21st. 0.010 dollars.
For more information about the Milei Moneda project, visit their official website or chat with them on Telegram.
